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    Ringbolt Signs Contract for Potash Drilling

    Investing News Network
    Jun. 07, 2011 10:37AM PST
    Potash Investing

    Ringbolt Ventures Inc. (CVE:RBV,FRA:3OZ) announced the signing of a drilling contract for its Lisbon Valley project.

    Ringbolt Ventures Inc. (TSXV:RBV,FRA:3OZ) announced the signing of a drilling contract for its Lisbon Valley project.

    The press release is quoted as saying:

    Solution mining has proven to be the ideal process in the project area because of the hot summers and low humidity. The mine has produced nearly continuously since 1964, and reportedly has a future mine life of 30 years.

    Ringbolt Ventures President and CEO, Simon Tam, says:

    “This is a significant step in Ringbolt’s Lisbon Valley Potash Project. We are fortunate to have a highly experienced drilling company like Beeman Drilling working on our Potash projects.”

    Click here to read the entire news release.

    mine lifetsxv:rbvsolution mining
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